In 2023, healthcare expenditure on current health care in Norway stood at 39.00 billion Euros. According to the forecasted data for subsequent years, the expenditure is expected to increase steadily. In 2024, it is projected to be 39.44 billion Euros, rising to 39.88 billion Euros in 2025, 40.31 billion Euros in 2026, 40.74 billion Euros in 2027, and reaching 41.16 billion Euros by 2028.
On a year-on-year basis, the expenditure increases are as follows:
- From 2024 to 2025, there is an increase of 1.12%.
- From 2025 to 2026, there is an increase of 1.08%.
- From 2026 to 2027, there is an increase of 1.07%.
- From 2027 to 2028, there is an increase of 1.03%.
Over the last two years (from 2024 to 2026), the average Compound Annual Growth Rate (CAGR) is approximately 1.10%, while the CAGR over the entire forecasted period (2024 to 2028) is about 1.08% per year.
The steady upward trend in healthcare expenditure reflects a consistent investment in health services. Future trends to watch for include potential reforms in healthcare policy, advances in medical technology, and demographic changes which may influence expenditure patterns significantly.